Toronto’s vacant home tax to continue with major revisions

Toronto's vacant home tax will continue despite opposition from five councillors, but changes are planned for the 2024 taxation year. Mayor Olivia Chow acknowledged the program's flaws and promised improvements. Late fees will be waived for those who missed the occupancy declaration deadline, and refunds will be issued. The overhaul aims to make the reporting process more user-friendly, especially for vulnerable groups like seniors.

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